Market Analysis - Price Faces Rejection GBPJPY bulls are discouraged as sellers take control. The GBPJPY market has seen a lack of bullish participation this week. It is also clear that buyers are showing signs of exhaustion after reaching the significant level of 180.000. Despite their efforts to …
Forex Strategies
Dash 2 Trade (D2T/USD) Stabilizes Above $0.0064, Despite the Downward Pressure
Despite the evident bearish sentiment, characterized by two candlesticks with prominent upper shadows, the D2T/USD market has surpassed expectations, rallying towards higher price levels. In today's trading session, bullish traders successfully propelled the market above the $0.0064 price mark. …
GBPUSD Faces a Turbulent Year as Central Bank Policies Drive Fluctuation
GBPUSD faces a turbulent year as central bank policies drive fluctuation. The pair has fallen to the 1.2700 level as officials from the Federal Reserve have signaled a slowdown in the possibility of rate cuts. This has given momentum to bears, pushing the pair towards the 1.2600 market zone. Several …